Saankhya Labs, a subsidiary of Tejas Networks, has received approval on its application from the Ministry of Electronics and Information Technology (MeitY) under the semiconductor design-linked incentive (DLI) scheme for the development of a system-on-chip (SoC) for 5G telecom infrastructure equipment.
The DLI scheme offers financial incentives as well as design infrastructure support across various stages of development and deployment of semiconductor design for integrated circuits (ICs), chipsets, SoCs, systems and intellectual property (IP) cores.
Saankhya’s application for development of SoC was evaluated by the Centre for Development of Advanced Computing (C-DAC) on behalf of MeitY and has been granted approval for reimbursement on completion of development milestones.
Commenting on the development, Parag Naik, chief executive officer (CEO) and managing director (MD), Saankhya Labs, said, “We thank MeitY and C-DAC, the DLI implementing agency, for approving our application under the semiconductor DLI scheme for the development of a SoC for 5G telecom infrastructure equipment. DLI is an excellent policy initiative by government that helps Indian research and development (R&D) companies to build valuable IP and develop world-class semiconductor products for domestic and international markets. As India’s leading R&D-driven semiconductor and telecom products company, we continue to invest in path breaking technologies and indigenisation of key components to realise the vision of an Atmanirbhar Bharat in the semiconductor and telecom sector.”
